How are NRIs taxed on rental income?
SummaryAs per income tax rules on TDS, the deductor is obligated to deduct TDS and deposit the same with the government using the prescribed form and timelines.
My son is a non-resident Indian (NRI) with a small rental income of ₹30,000. Neither he nor his tenant can afford a chartered accountant to submit the tax deducted at source (TDS) on this income to the income tax department. Can he pay TDS towards the rent to the department as advance tax?